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Search Results 0 to 5 of about 6 (some duplicates have been removed)
CNN
Feb 19, 2013 1:00pm PST
. president obama is warning of dire consequences for all of us in lawmakers don't act quickly. we're talking about those forced budget cuts that take effect march 1st, slashing $85 billion from spending across the board this year. but with just ten days left, the consequences are backing more alarming. president obama outlined some of them today, told congress, let's make a deal while there is still some time. >> my door is open. i've put tough cuts and reforms on the table. i am willing to work with anybody to get this job done. none of us will get 100% of what we want. but nobody should want these cuts to go through because the last thing our families can afford right now is pain imposed unnecessarily by partisan recklessness and ideological rigid tea here in washington. visually, the president tried to make that point by having law enforcement officers standing behind him. many of them could lose their jobs. our joe johns is covering that with the different ways that the budget cuts could directly affect you. we also have renee marsh covering the potential cut and how it kol affect the fo
CNN
Feb 5, 2013 1:00pm PST
with president obama's very public attempt to pressure congress into putting off billions of dollars in automatic spending cuts, cuts he fears will wreck the u.s. economic recovery. basically he wants lawmakers to kick the can down the road one more time. let's go to our white house correspondent dan lothian. dan is joining us. dan, the president made a little bit of a surprise appearance over in the white house briefing room. >> reporter: that's right. very surprising because the president in the past has criticized these short-term deals saying that this is not what the american people sent their elected officials to washington to do. you have this march 1st deadline quickly approaching. while congress is trying to work on a bigger budget, 1 pine point $2 trillion package, the president says they need more time in order to continue tipping away at the problem. the big concern is that everyone believes that the economy is moving in the right direction. the president is pointing to auto sales, the housing, to manufacturing. and so there's this worry that if this see quester happens, if these deep
CNN
Feb 1, 2013 1:00pm PST
doubled under president obama but should he take any credit for it. >>> landing in political trouble, legal troubles may be ahead. >>> if you're among the millions who watch the super bowl just for the commercials, we'll point out the controversial ones you won't want to miss. i'm wolf blitzer. you're in the situation room. today wall street reached a milestone we haven't seen in years. for the first time since 2007, the dow jones industrial average climbed above the 14,000 mark. the average has more than doubled since bottoming out at 6547, 6,547 just after president obama took office back in 2009. let's get quickly to alison kosik. she's at the new york stock exchange. it's just above 14,000, alison. >> it is. what's interesting, as we see the dow cross over 14 thourk for the first time in five years, believe it or not, not everybody thinks it's a big deal. some people say it's a nice round number that we like to talk about and others say, yes, it is a milestone after the economy pretty much fell to pieces. now this is a sign that things are finally come canning back. remember this
Search Results 0 to 5 of about 6 (some duplicates have been removed)